Energy-starved India to become a net importer of natural gas as Reliance Industries demands price 'clarity'

Dec 03 2012, 19:13 IST
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SummaryIndia's position growing bad to worse as RIL eyes price hike-5 tn cubic feet discoveries lying idle.

9 for ultradeep exploration.

China too has offered subsidises to energy companies who develop the nation's shale-gas resources, in an effort to jump-start the sector by lowering production costs.

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